Bangladesh Youth Tax Calculator
AI Agent Skill & Deterministic Engine for NBR e-Return (etaxnbr.gov.bd)
Made for students, interns, fresh graduates, and first-time filers entering the tax net under the Income Tax Act 2023. Helps you keep tax expense at minimum, claim eligible TDS refunds, and achieve zero-difference balance sheet reconciliation.
Why I Built This: The Student Tax Problem
Having an e-TIN, filing a tax return is something we all face. But being a student still, with no budget to hire a professional tax consultant or chartered accounting firm, many of us turn to AI.
When I tried doing that myself, I found so many issues along the way. LLMs, especially Gemini, Claude, and GPT models, struggled to understand how the actual NBR e-Return system UI looks like. They missed exemption toggles, hallucinated where to enter university scholarships, and repeatedly failed at basic multi-line balance sheet arithmetic.
For that, I built this SKILL for your LLM.
No, this does not simply calculate your taxes. By implementing this skill, your AI becomes equipped with the substantive statutory law (Income Tax Act 2023) and the screen-by-screen architecture of Bangladesh's e-Return system. It walks you through every screen and calls a deterministic Python engine so your balance sheet balances to an exact difference of 0.00 while keeping your tax expense at the legal minimum.
How to Install & Run
This project is an AI Skill first. Instead of asking generic LLMs that hallucinate portal screens, this skill loads the complete statutory rules of the Income Tax Act 2023, the official NBR e-Return portal architecture, and delegates all multi-line arithmetic to Python to keep your tax expense at minimum.
.\install.ps1chmod +x install.sh && ./install.shcurl -s https://raw.githubusercontent.com/zaifears/youth-tax-calculator/main/llms-full.txt > tax_skill.mdPaste this into your AI chat window so it uses the official Income Tax Act 2023 rules and avoids common filing mistakes:
I am filing my Bangladesh individual income tax return on etaxnbr.gov.bd under the Income Tax Act 2023. Please load and use the youth-tax-calculator skill (GitHub: https://github.com/zaifears/youth-tax-calculator, or read https://raw.githubusercontent.com/zaifears/youth-tax-calculator/main/llms-full.txt) to calculate my tax liability, maximize legal exemptions (Sixth Schedule Part 1 Para 8 stipends, Section 32 salary exemption), claim bank TDS refunds, and reconcile my IT-10B balance sheet to an exact difference of 0.00.- I am a university student in Bangladesh with an internship, walk me through my return on etaxnbr.gov.bd
- Calculate my parent support figure under Section 56(g) so my IT-10B difference is exactly 0.00
The Zero-Difference Balance Sheet Engine
Adjust the sliders below to see how Form IT-10B keeps tax expense at minimum and automatically solves for parental support under Section 56(g).
Key Statutory Rules for Young Taxpayers
100% Tax-Free Stipends
University scholarships, academic awards, and student bursaries intended to meet education costs are completely exempt from tax.
1/3rd Salary Auto-Exemption
One-third of gross salary (or BDT 4,50,000, whichever is less) is legally exempt. Tax is only computed on the remainder.
Family Support Gifts
Transfers from parents, spouse, or siblings are non-taxable capital receipts that legally bridge your IT-10B living expense deficit.
6-Year Stock Loss Carry-Forward
Trading losses from capital markets cannot reduce salary tax, but are ring-fenced to offset future stock gains for up to 6 consecutive years.
Minimum Tax Exemption
The BDT 5,000 city minimum tax floor never triggers if taxable income is at or below BDT 4,00,000 (BDT 4,50,000 for female taxpayers). Your tax payable is kept at the legal minimum (strictly BDT 0.00 if within the threshold).
100% Bank TDS Refund
Withholding tax deducted on savings accounts and dividends is credited against your liability, resulting in a direct cash refund.
Frequently Asked Questions & Legal Guidance
Do university students and interns need to pay tax in Bangladesh?
Under the Income Tax Act 2023 and prevailing rates documented by PwC Bangladesh, individual resident taxpayers have a tax-free annual income threshold of BDT 4,00,000 (BDT 4,50,000 for female taxpayers and senior citizens). If your net taxable income is at or below this threshold, your income tax liability is strictly BDT 0.00. Under Section 163, the minimum tax floor (such as BDT 5,000 in City Corporation areas) does not trigger as long as your taxable income does not exceed the basic exemption limit.
Are university scholarships, student stipends, and academic bursaries taxable?
No. Under the Sixth Schedule, Part 1, Paragraph 8 of the Income Tax Act 2023, any scholarship, stipend, or grant given to assist a student in meeting education costs is 100% exempt from income tax. On the official e-Return portal (etaxnbr.gov.bd), you declare this under the Tax-Exempted Income tab so it legally accounts for your living expenses and asset growth without incurring tax.
Can I get a refund for bank account interest TDS on etaxnbr.gov.bd?
Yes. When banks deduct 10% (with TIN) or 15% (without TIN) under Section 102/138 on savings interest, this Tax Deducted at Source is treated as advance tax. If your total taxable income is within the tax-free limit, your final tax payable is zero. The entire amount deducted by the bank becomes refundable under Section 173, and you can claim this refund directly through your e-Return filing.
What is the zero-difference balance sheet rule in Form IT-10B?
Form IT-10B is the statement of assets and liabilities. The NBR portal validates that Total Outflow (your annual living expenses plus the net change in your bank balance and asset acquisitions) matches your Total Sources of Funds (net taxable income plus exempt receipts and gifts). The difference must equal exactly 0.00. Unexplained gaps can trigger automated review or audit notices under Section 182.
How does parental financial support work under Section 56(g)?
Students and fresh graduates often spend more on tuition and living costs than their internship or freelance income. Under Section 56(g) of the Income Tax Act 2023, money received from parents, spouse, or siblings qualifies as non-taxable capital receipts. Entering this figure under Other Receipts in the portal fund reconciliation tab legally balances the IT-10B balance sheet to exactly zero.
How do I instruct ChatGPT, Claude, or Gemini to calculate my Bangladesh taxes accurately?
Standard LLMs frequently make arithmetic errors on multi-line balance sheets or hallucinate portal menus. You can instruct any AI to load the open-source youth-tax-calculator skill (github.com/zaifears/youth-tax-calculator) or ingest https://raw.githubusercontent.com/zaifears/youth-tax-calculator/main/llms-full.txt. The skill injects the statutory clauses of the Income Tax Act 2023 and calls the deterministic Python engine for exact numbers.
Audit Defense Dossier (6-Year Retention)
Under Sections 182 and 183 of the Income Tax Act 2023, the Deputy Commissioner of Taxes (DCT) may call for records within 6 years. Maintain a dedicated folder with:
Built With
The statutory rules, threshold conditions, and balance sheet formulas are directly encoded from the Income Tax Act 2023 and the official 107-page NBR User Manual. The execution engine uses Python standard library for exact, reproducible calculations without hallucinations.